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Is Alphachain Capital legit?

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Is Alphachain Capital legit?

Alphachain is a really great company if you’re looking to start your trading career or looking to improve on your strategies. The trading mentors are very supportive and helpful – nothing is too much trouble.

What is Alphachain?

Alphachain Capital is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. For established traders we offer state of the art infrastructure, investment capital and a collaborative trading environment nurturing success.

What is a prop account?

The capital that’s traded in a prop trading account is usually that of a brokerage firm or hedge fund. Trades made through this account are typically speculative in nature. Products traded are usually derivatives or other complex investment vehicles. After that, the trader can simply start making trades.

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How do you become a funded trader?

In general, a prospective funded trader has to enroll in an evaluation program or a training course and pass a final exam that reflects their skills and competencies. If the trader fits the requirements, they receive an offer to open a proprietary-funded trading account with the company.

Is Maverick FX legit?

Maverick is a great company to trade with if you love to trade. The training and education are exceptional, and they are very helpful if you ever have any questions.

How does a funded forex account work?

In a nutshell, funded trading accounts benefit both parties: the company, funding the account, and the individual who trades with it. There are different types of funded trading accounts based on size and traded instruments. Depending on the firm, these can range from stocks, futures, FX, options, etc.

Which forex funding is best?

8 Best Funded Trader Programs

  • Topstep Futures.
  • Topstep Forex.
  • Earn2Trade.
  • Maverick Trading.
  • Fidelcrest.
  • The5ers.
  • City Traders Imperium.
  • OneUp Trader.
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Is prop trading legal?

The simple part: Banks are banned from engaging in prop trading. The complex part: That ban is subject to several exemptions intended to allow banks to facilitate customer trading and hedge their own risks.

Are prop firms real?

The simple answer is that forex prop firms are not a scam. They offer a genuine way for consistently profitable traders to make substantial growth in terms of account size. With that being said, the rules implemented by prop firms do make it hard for less profitable traders or traders that are having a bad month…

Is funded trader legit?

Funded Trader have an ‘Excellent’ rating on Trustpilot with an average of 4.6 out of 5, so it seemingly has a glowing review! Traders have praised the prop firm for it’s simple and smooth process with a great opportunity for people to progress in their trading career and make some really good capital.

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How much do funded traders make?

We found that junior traders typically earn $300k – $3m per year, and it’s possible to reach these roles in 4 – 8 years. Senior portfolio managers can easily earn over $10m per year, though average earnings are probably lower.